Mining coins save or sell it? - page 52.

crairezx20

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Quote from: avw1982 on July 25, 2016, 02:19:14 PM

Quote from: sanas on July 25, 2016, 02:13:49 PM

I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.

Yeah savings is always the best to do right now because the price still in 600 value the price can be increase at 800 value to 900 value this i think will be the price this coming novemeber so if you start mining right now you can make more bitcoin and sell it when the price hit in 800 to 900 value..

avw1982

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Quote from: sanas on July 25, 2016, 02:13:49 PM

I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.

sanas

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I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Alubert

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Quote from: freedomgo on July 25, 2016, 01:56:41 AM

Quote from: Kevin77 on July 24, 2016, 04:29:54 AM

Quote from: Doamader on July 23, 2016, 08:11:24 PM

Quote from: oHnK on July 23, 2016, 07:48:26 PM

Quote from: pearnapple on July 23, 2016, 01:09:21 PM

yeah, in my opinion the price has a lot of ppotential to grow right now, im saving right now because i believe that we all will make money easily

Sorry to say this out but your opinion has no basis in it and there is no guarantee that it might grow or even be left to dead. We dont really make money from bitcoin unless the exchange rate increase, if it keeps stable price then we wont get anything at all considering that inflation rate is increasing in steady rates

To be able to get a stable income around mining being bitcoin or other currencie you must know that you need to invest atleast 5000 dollars and the roi period may be something like 1 year soo besides those you need to manage and get a space for the miners. Its better invest directly those ammount into bitcoin and trade it with others crypto currencies.

The S7 alone costs nearly $2000 already, plus the monthy fees for internet and electricity so it really would take at least $5000.

The ROI would depend on the cost of electricity. If you're only going to be buying one miner, without the utility costs, the roi would take atleast 15 months. With these numbers, individual mining isn't really profitable anymore unless you have really high patience.

Yeah! and every halving will make them difficult until such time that the only miners that will remained are the big ones. Mining is only good if you have a good amount of investment so you can efficiently mine to operate profitably.

For the ASIC miners, that is true. For the graphics card miners, that is less true as some miners will mine without considering the electricity cost.

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Quote from: Kevin77 on July 24, 2016, 04:29:54 AM

Quote from: Doamader on July 23, 2016, 08:11:24 PM

Quote from: oHnK on July 23, 2016, 07:48:26 PM

Quote from: pearnapple on July 23, 2016, 01:09:21 PM

yeah, in my opinion the price has a lot of ppotential to grow right now, im saving right now because i believe that we all will make money easily

Sorry to say this out but your opinion has no basis in it and there is no guarantee that it might grow or even be left to dead. We dont really make money from bitcoin unless the exchange rate increase, if it keeps stable price then we wont get anything at all considering that inflation rate is increasing in steady rates

To be able to get a stable income around mining being bitcoin or other currencie you must know that you need to invest atleast 5000 dollars and the roi period may be something like 1 year soo besides those you need to manage and get a space for the miners. Its better invest directly those ammount into bitcoin and trade it with others crypto currencies.

The S7 alone costs nearly $2000 already, plus the monthy fees for internet and electricity so it really would take at least $5000.

The ROI would depend on the cost of electricity. If you're only going to be buying one miner, without the utility costs, the roi would take atleast 15 months. With these numbers, individual mining isn't really profitable anymore unless you have really high patience.

Yeah! and every halving will make them difficult until such time that the only miners that will remained are the big ones. Mining is only good if you have a good amount of investment so you can efficiently mine to operate profitably.

Kevin77

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Quote from: Doamader on July 23, 2016, 08:11:24 PM

Quote from: oHnK on July 23, 2016, 07:48:26 PM

Quote from: pearnapple on July 23, 2016, 01:09:21 PM

yeah, in my opinion the price has a lot of ppotential to grow right now, im saving right now because i believe that we all will make money easily

Sorry to say this out but your opinion has no basis in it and there is no guarantee that it might grow or even be left to dead. We dont really make money from bitcoin unless the exchange rate increase, if it keeps stable price then we wont get anything at all considering that inflation rate is increasing in steady rates

To be able to get a stable income around mining being bitcoin or other currencie you must know that you need to invest atleast 5000 dollars and the roi period may be something like 1 year soo besides those you need to manage and get a space for the miners. Its better invest directly those ammount into bitcoin and trade it with others crypto currencies.

The S7 alone costs nearly $2000 already, plus the monthy fees for internet and electricity so it really would take at least $5000.

The ROI would depend on the cost of electricity. If you're only going to be buying one miner, without the utility costs, the roi would take atleast 15 months. With these numbers, individual mining isn't really profitable anymore unless you have really high patience.

Doamader

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Quote from: oHnK on July 23, 2016, 07:48:26 PM

Quote from: pearnapple on July 23, 2016, 01:09:21 PM

yeah, in my opinion the price has a lot of ppotential to grow right now, im saving right now because i believe that we all will make money easily

Sorry to say this out but your opinion has no basis in it and there is no guarantee that it might grow or even be left to dead. We dont really make money from bitcoin unless the exchange rate increase, if it keeps stable price then we wont get anything at all considering that inflation rate is increasing in steady rates

To be able to get a stable income around mining being bitcoin or other currencie you must know that you need to invest atleast 5000 dollars and the roi period may be something like 1 year soo besides those you need to manage and get a space for the miners. Its better invest directly those ammount into bitcoin and trade it with others crypto currencies.

oHnK

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Quote from: pearnapple on July 23, 2016, 01:09:21 PM

yeah, in my opinion the price has a lot of ppotential to grow right now, im saving right now because i believe that we all will make money easily

Sorry to say this out but your opinion has no basis in it and there is no guarantee that it might grow or even be left to dead. We dont really make money from bitcoin unless the exchange rate increase, if it keeps stable price then we wont get anything at all considering that inflation rate is increasing in steady rates

Crazygreek

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At my opinion better to live on earnings from mining if you don't have other work, anyway i am not miner and i can't answer on thsi question clearly.

gerXhonza

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Quote from: dezoel on July 23, 2016, 03:55:29 PM

I will prefer to save it for future as I am looking at it as an investment and I will not sell at this stage as this price is too low for me to make profits.

Yup but we cannot say that price is too low at a moment as price is stable at $650 which is good price to hold but I am sure we will be seeing much higher price in coming months.

zeta1

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Would save it as well.

dezoel

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I will prefer to save it for future as I am looking at it as an investment and I will not sell at this stage as this price is too low for me to make profits.

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Quote from: CloudStrife on July 23, 2016, 01:30:02 PM

Some altcoins have potential for the long-term, but most of them is better to sell.

to be honest if you buy some hardware to mine your bitcoins i would definitely sell everything at first before i make the return of my investment and then hold

Corenin

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Quote from: crairezx20 on July 23, 2016, 02:45:08 PM

Quote from: peta4e on July 23, 2016, 02:04:13 PM

Quote from: Taki on July 23, 2016, 01:23:24 PM

I think it's good strategy to save bitcoins that you made on mining. I heard that bitcoin is gonna rise soon. And I think it's even good that there are topics here like it's good to buy bitcoin now, those topics make people buy and in nearly feature if prediction about bitcoin rising come true, those people who buy bitcoin now can double their money

yup this is the right time to buy as price will surely go higher in future which will allow us to make good profits from it so I am saving my coins at a moment.

For the future the price of bitcoin will increase high but for soon are not i think the price of bitcoin right now is very stable and i think its gradually decrease so 700 value right now is our goal to reach.. new journey. i feel that the price will be the same as last year.. maybe november or dec the price of bitcoin will increase again fast.

Yup and its expected that price will touch $1k at the end of the year and price is not going down at a moment which is really good sign for all of us.

gtglener

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Quote from: CloudStrife on July 23, 2016, 01:30:02 PM

Some altcoins have potential for the long-term, but most of them is better to sell.

You are right , If he is active in mining a lot of coins then he definitely will have a good knowledge about that coins and will know well that what wil be the future of that coins so those coins which will have future, he will have to save them and those with losing, will have sell.

crairezx20

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Quote from: peta4e on July 23, 2016, 02:04:13 PM

Quote from: Taki on July 23, 2016, 01:23:24 PM

I think it's good strategy to save bitcoins that you made on mining. I heard that bitcoin is gonna rise soon. And I think it's even good that there are topics here like it's good to buy bitcoin now, those topics make people buy and in nearly feature if prediction about bitcoin rising come true, those people who buy bitcoin now can double their money

yup this is the right time to buy as price will surely go higher in future which will allow us to make good profits from it so I am saving my coins at a moment.

For the future the price of bitcoin will increase high but for soon are not i think the price of bitcoin right now is very stable and i think its gradually decrease so 700 value right now is our goal to reach.. new journey. i feel that the price will be the same as last year.. maybe november or dec the price of bitcoin will increase again fast.

Tanic

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Quote from: peta4e on July 23, 2016, 02:04:13 PM

Quote from: Taki on July 23, 2016, 01:23:24 PM

I think it's good strategy to save bitcoins that you made on mining. I heard that bitcoin is gonna rise soon. And I think it's even good that there are topics here like it's good to buy bitcoin now, those topics make people buy and in nearly feature if prediction about bitcoin rising come true, those people who buy bitcoin now can double their money

yup this is the right time to buy as price will surely go higher in future which will allow us to make good profits from it so I am saving my coins at a moment.

I am agree. It's the good time to buy now and if you don't want to buy, cause of it's too risky for you - save what you have. As well it can be a good strategy to invest in newborn crypto currencies. They all are growing fast nowadays.

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Quote from: CloudStrife on July 23, 2016, 01:30:02 PM

Some altcoins have potential for the long-term, but most of them is better to sell.

well it depends on what you are mining, if i was mining my bitcoins then i would definitely not sell it as the price has a lot of potential to grow

peta4e

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Quote from: Taki on July 23, 2016, 01:23:24 PM

I think it's good strategy to save bitcoins that you made on mining. I heard that bitcoin is gonna rise soon. And I think it's even good that there are topics here like it's good to buy bitcoin now, those topics make people buy and in nearly feature if prediction about bitcoin rising come true, those people who buy bitcoin now can double their money

yup this is the right time to buy as price will surely go higher in future which will allow us to make good profits from it so I am saving my coins at a moment.

CloudStrife

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Some altcoins have potential for the long-term, but most of them is better to sell.

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